Earlier quoted context omitted.
A cautionary tale of what this can lead to: My brother's startup wasn't bring in much money and there was always the near promise it would. He went through all his savings and retirement funds and went close to $100k into CC debt. This was a swing of +$1m to -$70k. Yes, he had a problem (unacknowledged, btw) that was more dire than yours. Just be aware that this stuff can get out of control, if you let it. After gett…
The AirBnB founders also maxed out multiple credit cards. https://medium.com/cs183c-blitzscaling-class-collection/scal... "Joe and I both had ~$30K in credit card debt and this is what we were using to fund the company."
CC debt is probably a poor indicator of the quality of an idea.